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Get a FREE assessment of your rental property. Start here!

Get a FREE assessment of your rental property. Start here!

Property Management Fees and Pricing

Simple Pricing Structure with No Hidden Fees

At Real Property Management Metro Detroit, we pride ourselves on simple, transparent, honest pricing. You’ll never find any hidden fees or surprises. The bottom line, we don’t get paid until you do.

Our property management strategy is surely dependable to save you money at separate times of the process. We make it uncomplicated to protect your investment, minimize costs, and maximize your income—without obstructing your daily life so much.

If you have one or more rental properties in the Metro Detroit area, you could benefit from our expert residential property management services. For more information, contact us online or call us directly at 248-808-6550.

BASIC

7.9%of monthly rent

  • Online Access
  • Rent and Late Pay Collection
  • Maintenance Coordination
  • 24/7 Emergency Response
  • Monthly Income Statement

PREMIUM

9.9%of monthly rent

  • Online Access
  • Rent and Late Pay Collection
  • Maintenance Coordination
  • 24/7 Emergency Response
  • Monthly Income Statement
  • Year-End Income Expense Documents (priceless)
  • Eviction Protection*
    ($228 annual value)
  • 2 Free Periodic Maintenance Assessments
    ($170 annual value)
  • Tenant Replacement Guarantee*
    6 Months ($295 value)

PREMIUM PLUS

11.9%of monthly rent

  • Online Access
  • Rent and Late Pay Collection
  • Maintenance Coordination
  • 24/7 Emergency Response
  • Monthly Income Statement
  • Year-End Income Expense Documents
  • Eviction Protection*
  • 4 Free Periodic Maintenance Assessments
    ($340 Annual Value)
  • Tenant Replacement Guarantee*
    12 Months ($495 value)
  • Free Rekeying for 2 Doors on Turnovers
    (with Master Key, $120 value)
  • Move-In/Out Inspection Videos ($95 value)

Premium and Premium plus plans are only available for properties renting for $1200 or more a month.

Lease Only Fees

This is the fee typically charged for finding tenants, screening potential tenants, and creating the lease. The standard fee for this service (collected by property management companies, full-service real estate companies, and independent real estate agents or realtors) is equal to the amount of one full month’s rent.

The tenant placement process begins by completing a detailed analysis of your property which we use to determine the maximum market rental rate for your home. We will then assist with any make-ready maintenance work (if necessary), take professional photographs, advertise your property, take calls and answer tenant inquiries, show your property to interested prospects, qualify applicants, draft the lease, set tenant expectations, and complete move-in documentation.

Leasing prices are based on the percentage of annual rent. Only applies to monthly rents of $1195.00 or more.

If your home is already occupied by tenants not placed through Real Property Management Metro Detroit, you find your own tenant, or you hire your own outside agent to place a tenant and you want us to take over with a lease already in place, there is no tenant placement fee charged.

LEASING

100%of one month's rent

  • Screen/Credit Background
  • Lease Preparation and Signing
  • Move-in Inspection Report with Pictures and Video
  • 12 Month Tenant Guarantee

Our Guarantees

We also offer the following guarantees to minimize your risks and give you peace of mind.

We don’t want you to experience the stress of having a tenant walk away—leaving you with an empty property, no rent to pay the mortgage, and the expense of finding a new tenant. So if we place a tenant with you and that tenant vacates your property in less than the allotted time in your chosen plan, we will find you a new qualified tenant for free.

We stand behind our commitment to relieving your hassles. If for any reason, you’re not completely satisfied in the first 60 days, you can terminate your agreement. No questions asked. Just let us know in writing that you wish to terminate our services and we will terminate the agreement with no further obligations to you. No hassle, argument, questions, or hard feelings.

We understand the challenges that come with evicting a tenant. With the Risk-Free Eviction Guarantee, you pay a small monthly fee and we pay all the legal fees involved in an unlawful detainer suit. Because so many people participate in our program, the cost of a painful eviction is spread out over many property owners—affordably minimizing the risk for everyone involved.

We coordinate delivery of HVAC filters right to your tenant’s front door.   This makes it super easy for the tenant to replace the filters at the right intervals saving you money on costly HVAC repairs.  All filters are dated so we know when they were replaced.